Page 9 - Unemployment

Unemployment in Afghanistan rose significantly in past two years: Report

The International Committee of the Red Cross in a report said that the number of unemployed people in Afghanistan has significantly increased in the last two years, Taliban-based TOLO News reported

Haryana tops in inflation, unemployment, crime: Ex-CM Bhupinder Hooda

Reacting to the report, Hooda said inflation in the state has become so alarming that it has crossed the highest level fixed by the Reserve Bank of India (RBI), along with all states

UK unemployment rate down as number in work rises above pre-pandemic level

Official figures show that Britain's unemployment rate has fallen unexpectedly as the number of people in work hit a record high and rose past its pre-pandemic level for the first time. The Office for National Statistics said Tuesday that the jobless rate fell to 3.8% in the three months to April, from 3.9% in the previous quarter. Most economists were expecting the rate to edge up to 4%. As the unemployment rate fell, the agency said, the country's employment rate rose to 76% from 75.9%, with the number of people in work at an all-time high of 33.1 million. Darren Morgan, director of economic statistics at the agency, said the biggest driver in recent jobs growth is health and social care, followed by hospitality. The agency also found that wages rose sharply, a development that may cause concern at the Bank of England, which is widely expected to raise interest rates once again next week.

Top headlines: Unemployment rate dips 7.7%, AAP's 'maha rally' and more

Business Standard brings you top news at this hour

Unemployment among urban youth down in Q4FY23 but still elevated at 17.3%

The unemployment rate among the youth in urban India stood at 20.2 per cent in the year-ago period

Naidu sounds poll bugle in AP, promises schemes for women, unemployed youth

Sounding the poll bugle for TDP in Andhra Pradesh, party supremo N Chandrababu Naidu announced a slew of welfare schemes for women, unemployed youth and farmers that would be implemented if the party was voted to power again in the state after the 2024 assembly elections. Rs 1,500 monthly cash allowance to all women above 18 years of age under Bhavishyakthu Guarantee scheme (Guarantee for future), Rs 15,000 per annum for all mothers and free transport for women on APSRTC buses within a district, are some of the major women-centric pledges Naidu made on the concluding day of the 2-day 'Mahanadu' programme of the party on Sunday night. Exuding confidence about Telugu Desam Party returning to power next year, he also promised to provide 20 lakh jobs to youth under Yuva Galam scheme in various government departments, Rs 3,000 monthly unemployment allowance under Yuva Galam Fund and Rs 20,000 annual cash allowance for farmers to cover their agriculture expenditure, a press release ...

On the job: India's poorer states progress in creating employment

National unemployment is expected to grow though

Zimbabwe ranked world's most miserable country; here's where India stands

Unemployment was the leading source of unhappiness in the United States, which ranked 134th on Steve Hanke's Annual Misery Index list

US unemployment claims tumbled last week after fraud-inflated jump

Some economists have been wary about drawing strong conclusions from the data amid reports that fraudulent claims have been behind the recent upward trend in filings

China recovery faces pressure after April activity weak, unemployment rises

Chinese leaders face pressure to shore up a slowing economic recovery and generate jobs after consumer spending and other activity in April were weaker than expected and a survey found 1 in 5 young workers in cities was unemployed. Retail sales accelerated following the end of anti-virus restrictions in December but were below forecasts, official data showed Tuesday. Factory output edged down compared with March. Chinese economic activity has improved while the US and European economies are cooling after interest rate hikes to extinguish inflation. But consumers, uneasy about possible job losses, are returning to shops and restaurants less quickly than expected. The pace of recovery has slowed sharply, said Larry Hu and Yuxiao Zhang of Macquarie in a report. Growth in retail sales accelerated to 18.4% over last year's depressed level in April, but that was below private sector expectations of up to 35%. Factory output rose 5.6% over a year ago but was off 0.5 percentage points fro

Unemployment rate rises in April

The notable rise in LPR and employment rate in India in the month of April reflects an increase in willingness among people to seek employment

What about 'Mann ki Baat' on inflation and unemployment? Maha Cong chief

Maharashtra Congress president Nana Patole on Sunday wondered when Prime Minister Narendra Modi will do a 'Mann ki Baat' on issues such as inflation and unemployment. On a day when the 100th episode of PM Modi's monthly radio programme was aired, Patole said the prime minister should clarify his ties with businessman (Gautam) Adani. ''Instead of talking about other things, Modiji should tell people about his relationship with Adani," the Congress leader told reporters. "The 100th episode of PM Modi's 'Mann Ki Baat' was celebrated with great fanfare. During these 100 episodes, PM Modi never mentioned the burning issues of the country such as inflation, unemployment, the collapsing economy, encroachment by China, sexual abuse of women wrestlers by BJP MP, '40% corrupt' government in Karnataka, farmers etc," Patole alleged. In a dig, he said in a democracy one should do 'janta ki baat' by speaking about the issues of the masses and not 'Mann Ki Baat'. He said the people of the countr

Jharkhand Congress observes fast to protest against inflation, unemployment

The Jharkhand unit of Congress observed fast as part of its Jai Bharat Satyagraha' programme here on Wednesday to protest against inflation and unemployment in the country. State ministers Rameshwar Oraon, Badal Patralekh and Banna Gupta and many other Congress leaders assembled at Bapu Vatika at Morabadi ground in Ranchi, holding placards with Daro Mat' (Don't be afraid) written on these. Speaking on the occasion, Jharkhand Congress president Rajesh Thakur said their party leader Rahul Gandhi led a 4,000 kilometre-long yatra from Kanyakumari to Kashmir to "protest against inflation, unemployment and hate spread by the BJP" across the country During the yatra, people told him about their sufferings. When our leader Rahul Gandhi raised questions over inflation, unemployment and the relationship between Adani group and the BJP government in view of Hindenburg Research allegations, his membership of Lok Sabha was cancelled, Thakur said. Gandhi, representing Wayanad parliamentary ...

US unemployment claims tick up to 245,000, but still low by standards

The number of Americans applying for unemployment benefits rose last week but remains low by historic standards. U.S. jobless claims rose by 5,000 to 245,000, the Labour Department reported Thursday. The four-week moving average of claims, which evens out week-to-week ups and downs, fell by 500 to 239,750. At the start of the year, weekly claims were running around 200,000 and they have gradually moved higher. The weekly claims numbers are a proxy for layoffs, and they show that American workers enjoy unusual job security despite rising interest rates, economic uncertainty and fears of a looming recession. The U.S. job market is healthy overall. At 3.5% last month, the unemployment was a tick above January's half-century low 3.4%. Employers added 236,000 jobs in March, down from 472,000 in January and 326,000 in February but still strong by historic standards. The inflation fighters at the Federal Reserve worry that a tight job market puts upward pressure on wages and on overa

The employment challenge in Andhra

The unemployment rate in Andhra Pradesh was significantly lower among people with lower levels of education

BJP stages protest march against KCR govt over 'unemployment' in state

Bandi Sanjay, the chief of the BJP's Telangana unit, said, "We will not be afraid even if cases are registered against us. We will keep fighting against this government"

Job aspirants from across country form collective for 'right to employment'

More than a hundred organisations including job aspirants' collectives have joined hands to form a youth alliance named 'Sanyukt Yuva Morcha' with an aim to shape a "nationwide youth movement" for employment, a member of the group said on Tuesday. The group said it will launch campaigns for a 'right to employment' as a legal guarantee for every adult, and will also fight for a basic minimum wage. The group will also demand filling up of all vacant posts in the public sector in a "fair and time bound manner." Bihar and Madhya Pradesh teacher aspirants, Uttar Pradesh police candidates, army and railway candidates, ASHA workers, and several other such groups have come together from over 22 states including Punjab, Tamil Nadu, Kerala, and Jammu and Kashmir to take the campaign forward, according to a statement by the group. Advocate Prashant Bhushan, who is backing the campaign, said that the group has the "potential to become a movement bigger than the Lokpal." "There is a lot of ...

Free electricity, jobs for unemployed if AAP forms govt in Assam: Kejriwal

Delhi Chief Minister Arvind Kejriwal on Sunday promised free electricity and jobs for all youths in Assam if his Aam Aadmi Party (AAP) is voted to power in the Northeastern state. He also claimed the AAP government changed the face of Delhi in seven years, and that nothing but dirty politics took place in Assam, even though BJP has been in power in the state for the same duration. AAP governments in Delhi and Punjab are giving free electricity to their states, and it will be the same in Assam, too, if the party forms government, Kejriwal said at a rally here. He promised jobs for all unemployed youths of Assam if AAP is voted to power, adding that the party has given employment to 12 lakh people in Delhi in seven years, and 28,000 people in one year in Punjab. Kejriwal also assured of providing piped water to all households of Guwahati within a year of the AAP government in the state. "AAP came to power in Delhi in 2015 and the BJP here in 2016. Today, we have changed the face of

India's unemployment rate rises to 3-month high of 7.8% in March: CMIE data

Higher borrowing costs are already weighing on India's economy, data show

Employment in agriculture soars in Maharashtra

The largest provider of employment in Maharashtra is the agricultural sector